Kuraray (OTCMKTS:KURRY) Announces Earnings Results

Key Points

• Kuraray reported a quarterly earnings per share (EPS) of $0.04, with a return on equity of 6.66% and a net margin of 2.69%.
• The company's stock traded down to $31.82, with a 12-month high of $47.28 and a market cap of $3.45 billion.
• Kuraray specializes in the production of resins, chemicals, fibers, and membranes for various applications worldwide.

Kuraray (OTCMKTS:KURRY - Get Free Report) announced its quarterly earnings results on Friday. The company reported $0.04 earnings per share (EPS) for the quarter, Zacks reports. Kuraray had a return on equity of 6.66% and a net margin of 2.69%.

Kuraray Stock Performance

Kuraray stock traded down $6.20 during mid-day trading on Friday, reaching $31.82. 116 shares of the company were exchanged, compared to its average volume of 768. The firm's 50-day simple moving average is $36.97 and its two-hundred day simple moving average is $37.28. Kuraray has a twelve month low of $30.01 and a twelve month high of $47.28. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.45 and a current ratio of 2.75. The firm has a market cap of $3.45 billion, a PE ratio of 23.40 and a beta of 0.08.

Kuraray Company Profile

Kuraray Co, Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR.

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